 How should you invest to minimize the impact of inflation? |
| I know real estate is probably good but i dont have that much money. Is there anything i can do besides putting savings/CDs in the bank or setting up an IRA?... |
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 Any alternatives to invest money other than long term deposit? |
| Im trying to learn how to let money works for me. Im studying arts so i have no basic knowledge of those financial stuffs. For now, i just put my money into a long term deposit account with comm ... |
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 How do I get my e mail off of the international e mail list? |
| I am getting a lot of spam from people claiming I can get huge amounts of money from overseas. I am a victim of fraud. I would like my e mail off of the international list.... |
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 What to do with mutual funds? |
| These are usually low risk, but right now its dropping like crazy. Is it better to ride out this semi-recession or sell it now?... |
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 I give you US$ 1 million ...? |
| I can give you US$ 1 million, if you give me U$ 2 million first. Is it worth to you? Or do you prefer to give me only US$ 1 million at once?... |
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 What can i do with 50 or 100 dollars to start making money? |
| Im a stay at home dad cause my wife is a nurse but i wanna invest in something to make money. but i dont know what. please help. ps. i dont know anything about investing.... |
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| Is it better to invest in gold or silver? |
| And how do I avoid scams and fads? Please help!... |
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 Does buy and hold really work in investing in the stock market? |
| Look at the Nikkei 225, Japan's version of our DOW. If you invested 24 years ago in the Nikkei, you'd have less now than you did then. That's 24 years ago!! When you see that, why ... |
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 I have no DMAT A/c now I want to trading shares. Which DMAT service provider is better.? |
| Pls assist me to open a DMAT A/c. Pls ans with the details of charges & facilities. Charges like annual trading fees, brokerage etc. Facilities like trading in IPO, Insurance, and Mutual Funds ... |
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 Why do people still invest in actively managed funds? |
The expected net return of an actively managed fund (especially hedge funds) is lower than that of index funds. SO why doesn't everyone invest in index funds?
Additional Details
@J... |
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 What are the disadvantages of buying annuities vs investing in a no load mutual fund? |
| I am 58 and my husband is 53 . After raising our 3 kids we have about 25K saved. We thought of buying a single payment annuity so that we can receive payments for life. We do not know how much a ... |
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 Tell me the A, B,C of investing in share market, Minimum amt,type of share, & with moderate risk? |
| How to invest in shares? what all should I learn before falling into the share market? I will be able to invest upto Rs.25,000/- initially. What type of shares should I invest? what is stop loss? How ... |
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 I need money? |
I have 30 dollars how can i turn it into more
Additional Details
im only 12 and i dont want to turn 30 into hundreds just make it grow ... |
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 Business question. easy points.? |
Stock are not as safe an investment as savings plans. Why, then, do many people still buy stocks.
Easy ten points.
I Know its kinda straight forward but im looking for a ... |
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 STOCK CONTEST! The person who picks the stock with the best return over the next week gets 10 points? |
| Lets see how good you people are at picking stocks for short term gain. The contest is based on stocks starting to trade tomorrow on the open of the market, through the close of market next Friday.... |
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 What Should I do with my money? |
I posted this before and got alot of respones on what I should BUY. I am NOT looking to buy, but to SAVE/INVEST. also had a suggestion to post in this part of yahoo answers.
I'm getting ... |
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coollove | How best can i save my money? |
need tips on how to save. I'm working with little pay of $50000.
How can i make the highest saves |
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muncie birder
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one helpful hint is out of site out of mind. That means you have to stash your cash where you can not easily get to it. You did not mention what you wanted to save for. Your saving goal will somewhat dictate the strategy you can use. If you are saving for retirement, a very popular endevor, then establishing a Roth IRA account is just the ticket you need. It is not too simple to get the money out once you put it in. The government has penalties if you do remove it before 59 1/2. One big advantage of a Roth IRA account is that all the money earned in that account is tax free if you wait until retirement to remove it.
If you are saving for a rainy day, (this once was a popular reason for saving but not so any longer with the advent of the ubiquitous credit cards) then your strategy need to be somewhat different and where you save your money. A person in your position should have about $2000 stashed away for that rainy day.
It is not easy saving money, so you have to have a strategy. First, a budget is very helpful. It will at the very least give you an idea of how much you are theoretically capable of saving. Obviously, if your monthly budgeted expenses are very close to your monthly income, you are not going to be able to save a great deal. Maybe only $25 to $50 a month at the most. But without a budget you do not have any idea how much you have to spend or where you might be able to cut back.
One of the places that I like to recommend for people who are trying to save, but do not have a lot of money to put away at one time is American Funds. This family of funds has a very low threshold for beginning to invest--most are $250 and additonal investments of only $25. There is one drawback. That is they charge a 5.75% sales charge. Their money market funds have a $1000 minimum investment but the sale charge is non-existant. A good place to stash your cash. |
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THe questioneer
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STOP SPENDING IT!!!!!!!!!! |
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Liza
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Set up your bank account so that a certain amount of your paycheck (try to get direct deposit) gets transferred to your savings account every month. See if your employer has a 401K program. That's also a way you can save money for your retirement. |
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debbiehe@sbcglobal.net
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Money Market is the safest. |
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SiLKy
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Some good answers here already. I do agree that direct deposit helps you save more. Put away what you can. When you get a raise bump up your savings.. An online savings account earns 5% now and your money is still liquid, no penalty for early willdrawels or anything like a CD. |
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sirtitan45
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Max out the 401k to 15k a year. You double up on the amount your company matches and the 15k comes off your total yearly income. Also put 4k a year in a roth ira. |
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Chrisie
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dont spend so much $ |
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casinodog
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give it to me |
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capnemo
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Put 10% in a savings account every pay check.
Keep a journal of everything you spend and see what you can cut out. Then put that in savings also.
Pay off all credit cards. Start with the smallest balance then work to the highest balance. When you pay them all off, put the money you would have paid to the credit cards in savings also. |
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flamemaster_lang
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when i started working, my mom told me to put at least 10% of every check i get into savings. and leave it. and before my grandpa died he told me that buying things you want but dont need is a fast ticket to bankruptcy. i didnt know what he was talking about bc i was 8 at the time, but im starting to understand. |
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